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Government Investigations in Singapore 2025
We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
On May 6, Ontario’s government introduced Bill 190, Working for Workers Five Act, 2024 for first reading. As with previous “Working for Workers” legislation, Bill 190 amends several workplace law statutes in an omnibus format.
The statutes amended by Bill 190 are:
Relative to other recent “Working for Workers” legislation, this instalment contains numerous changes. Many of these are technical or focused on narrow applications. Only a few generally apply to all employers in the province – summarized in this update.
If Bill 190 is passed, the following changes will occur on the date it receives royal assent:
If Bill 190 is passed, the following changes will occur on a date to be named by proclamation:
It worth noting this requirement is the fourth proposed rule for job postings made by the Ontario government this year, in addition to three proposed in the Working for Workers Four Act, 2024. Those relate to pay transparency, prohibiting “Canadian experience” requirements, and disclosing use of artificial intelligence in the recruiting process. For more information see our update Bill 149, Working for Workers Four Act, 2023 proposes further changes to Ontario workplace laws.
If Bill 190 is passed, the following changes will come into effect on the later of July 1, 2024, and the date Bill 190 receives royal assent:
If Bill 190 is passed, the following changes will come into effect on a date to be named by proclamation:
Bill 190 is still making its way through Ontario’s Legislative Assembly, so the above changes may be modified prior to the bill being passed. Stay tuned for further updates.
Publication
We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
Publication
The private credit market and direct lending have grown and diversified immensely in the past decade, offering alternative sources and terms of debt compared to those historically provided by the syndicated leveraged loan and public issuance markets. Consequently, they are fast becoming pivotal components in the capital ecosystem, so much so that the Bank of England consider that the private credit market is currently responsible for approximately $1.8 trillion of debt issuance, which is four times its size in 2015. This growth has been particularly pronounced in Europe and the US but there has also been significant activity in Asia.
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The EU’s Artificial Intelligence Regulation, commonly referred to as the AI Act, is expected to come into force during the summer of 2024 (the AI Act). The AI Act will be the first comprehensive legal framework for the use and development of artificial intelligence (AI), and is intended to ensure that AI systems developed and used in the EU are safe, transparent, traceable, non-discriminatory and environmentally friendly.
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